Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) Short Interest Down 71.1% in December

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totaling 24,808 shares, a decline of 71.1% from the November 30th total of 85,966 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 276,059 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 276,059 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Vonovia Stock Performance

Vonovia stock opened at $14.14 on Friday. The company has a market capitalization of $23.63 billion, a P/E ratio of 5.24 and a beta of 1.27. Vonovia has a fifty-two week low of $12.91 and a fifty-two week high of $17.80. The stock has a 50-day simple moving average of $14.82 and a 200-day simple moving average of $15.73.

Vonovia (OTCMKTS:VONOY) last released its quarterly earnings results on Wednesday, November 5th. The company reported $2.17 EPS for the quarter. The company had revenue of $1 billion for the quarter. Vonovia had a return on equity of 12.34% and a net margin of 39.42%. As a group, analysts forecast that Vonovia will post 1.05 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group upgraded Vonovia from a “hold” rating to a “buy” rating in a research note on Sunday, September 7th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Vonovia has a consensus rating of “Buy”.

About Vonovia

Vonovia SE is a Germany-based residential real estate company headquartered in Bochum that owns, manages and develops rental housing. Its core activities center on long-term residential leasing, property and facility management, maintenance and modernization of apartment portfolios, and project development. Vonovia provides tenant services and operational support to maintain and upgrade its buildings, with an increasing focus on energy-efficiency measures and building refurbishments to modernize stock and reduce operating costs.

The company traces its roots to Deutsche Annington and adopted the Vonovia name following a period of consolidation and growth; it has expanded through a series of acquisitions to become one of the largest residential landlords in Germany.